Hourly to Salary Calculator

Why convert an hourly rate to a salary

Hourly and salaried pay describe the same thing in different units. An hourly rate tells you what one hour of your time is worth; an annual salary tells you what a year of your work is worth. When you are weighing a contract gig against a full-time offer, or setting a freelance rate, you need both expressed the same way. This calculator does the conversion in one step so you can compare like with like.

The maths is simple: multiply your hourly rate by the hours you work each week, then by the number of weeks you work in a year. At a standard 40 hours a week for all 52 weeks, that is your hourly rate times 2,080. The tool then divides the annual figure by twelve to give you a monthly number, and shows the weekly pay too, because those are the amounts most people actually budget around.

Choosing your hours and weeks

The two settings that matter most are hours per week and weeks per year. Many Indian workplaces run a 48-hour week rather than 40, which raises the annual figure noticeably — so set this to match your real schedule. Weeks per year defaults to 52, the full calendar year. Keep it at 52 if your leave is paid, since paid time off still counts toward your salary. Only lower it for unpaid leave, sabbaticals or seasonal work where some weeks bring in no income at all.

Gross versus take-home

One important caveat: the salary this calculator shows is gross — the figure before any deductions. Your actual take-home pay will be lower after income tax, your EPF contribution and professional tax. A ₹10 lakh gross salary might land closer to ₹8 lakh in hand depending on your tax regime and salary structure. Treat the annual number here as the headline figure for comparing offers, then run it through a dedicated take-home calculator to see what reaches your account.

Using it as a freelancer

Freelancers and contractors get the most out of running this in reverse. Start with the annual income you want, then work backwards to the hourly rate you must charge. Remember that you will not bill every hour of every week — admin, marketing, gaps between clients and unpaid leave all eat into billable time. A useful rule of thumb is to assume you can bill only 60–70% of a full-time schedule, then set your rate accordingly so the numbers still add up to your target.